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How to buy Compound in the UK
Learn how to buy Compound on Kraken’s crypto platform. Create your free account and connect a funding method to buy over cryptocurrencies including COMP. Kraken makes it quick and easy to get started.
In the past 24 hours, Kraken clients bought 1,270 COMP worth £38,672.
Why buy Compound with Kraken in the UK?
Kraken offers a safe and easy way to get started with crypto in the UK. Use our flexible payment methods to buy Compound with a credit card, debit card, bank transfer, and more.
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About Compound
Compound (COMP) lets you earn interest on various cryptocurrencies. Built on the Ethereum blockchain, the Compound protocol establishes money markets which algorithmically derive interest rates based on the supply and demand of different cryptocurrencies. This allows suppliers and borrowers of a given asset to earn or pay a floating interest rate without having to negotiate terms with a peer or counterparty.
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Swap Compound for other assets
After you buy Compound, you can trade it for fiat currencies and other cryptocurrencies. Kraken offers over 200 Compound trading pairs so you can move in and out of the market with ease.
Crypto Asset General Risks
- Investing in crypto assets is risky and each token can have its own set of risks. Below is a list of risks that generally apply to all crypto assets:
- Volatility: The performance of crypto assets can be highly volatile, with their value dropping as quickly as it can rise. You should be prepared to lose all the money you invest in crypto assets.
- Lack of protections: Crypto asset investments are unregulated and neither the Financial Services Compensation Scheme (FSCS) nor the Financial Ombudsman Service (FOS) will assist or protect you in the event something goes wrong with your crypto asset investments.
- Liquidity: Some crypto asset markets may suffer for low liquidity which could prevent you buying or selling your crypto assets at the price you want or expect.
- Complexity: Specific crypto assets may carry with them specific complex risks that are hard to understand. Do your own research and if something sounds too good to be true, it probably is.
Don’t put all your eggs in one basket: Putting all your money into a single type of investment is risky. Spreading your money across different investments makes you less dependent on any one to do well.
If you want to learn more about specific risks related to Compound, please visit our crypto asset statements page.
Learn more about Compound
How does Compound work?
Where can I buy Compound?
How much does 1 Compound cost?
Can I buy $100 worth of Compound?
Is it safe to buy Compound?
Is Compound available to buy and sell in my country?
Is Compound a good investment?
Can I purchase Compound using my local currency?
How much is Compound transaction fee?
What is the minimum amount of Compound I can buy?
How to buy Compound with PayPal?
How to buy Compound with a debit card?
How to buy Compound with a credit card?
How to buy Compound with other cryptocurrencies?
Can I transfer Compound from Kraken to my crypto wallet?
Is it safe to keep Compound on Kraken?
What is the current circulating supply of Compound?
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Popular markets
Kraken lets you trade hundreds of cryptocurrencies beyond Compound. Check out some of the top trading pairs on Kraken today.
Payward Ltd (trading as Kraken) is registered as a cryptoasset firm with the Financial Conduct Authority (FRN: 928768) registered office at 6th Floor, One London Wall, London, United Kingdom, EC2Y 5EB. Cryptoasset services offered by Payward Ltd are unregulated and not covered by the Financial Services Compensation Scheme as well as the FCA’s consumer protection regulations. Note the value of cryptoassets can go down as well as up, gains may be subject to Capital Gains Tax and there may be extra charges when paying via credit card from your provider.